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19
A new way to turn right at the intersection, Thai style?
Just noticed your screen name, most ironic name I have seen on here yet. I want change, I want police to enforce THAI LAWS! I want a safe place to drive, walk, and use a Zebra crossing. Driving styles? You mean the like the idiot in my video driving on the wrong side of the road? He should have his licensed taken away, along with anyone else driving recklessly. -
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Thailand's Auto Production at Lowest Level Since 2021 Pandemic
Picture courtesy: Freepik Thailand's automotive production is in a steep decline, with projections for 2024 marking the lowest output since the pandemic hit in 2021. The Federation of Thai Industries (FTI) anticipates that vehicle production will drop to 1.5 million units this year. Surapong Paisitpatnapong, a spokesperson for the FTI's automotive industry group, conveyed this bleak forecast today, 25th November. This is the second time this year they have revised the figures downward, previously adjusting them from 1.9 million to 1.7 million units in July. The Thai automotive market is grappling with an array of challenges. Banks have tightened their lending criteria for car loans due to rising bad debt levels and household debt, which has soared past $500 billion. This tightening significantly impacts car sales, particularly for pickup trucks, a popular choice in Thailand. Prime Minister Paetongtarn Shinawatra's administration is actively working on strategies to alleviate this economic burden. Export targets have been similarly downgraded, with expectations falling from 1.15 million to 1.05 million vehicles. Domestic production targets are now set at 450,000 units, down from the original 550,000. These reductions highlight the dual impact of domestic market constraints and international turmoil, notably conflicts in the Middle East affecting Thai automotive exports. Recent figures reflect these challenges. In October, domestic auto sales plummeted by 36% year-over-year, with only 37,691 units sold. Exports also saw a stark decline, dropping 20.2% to 84,334 units compared to October 2023, as reported by the Bangkok Post. In a strategic move, Thailand plans to revise its automotive excise tax framework to support the global shift towards electric vehicles (EVs). Deputy Finance Minister Paopoom Rojanasakul announced that this adjustment aims to align Thailand's policies with international automotive trends, reflecting the growing competition between battery electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs). These developments indicate a challenging period for Thailand's automotive industry, underscoring the need for effective policy measures and industry adaptation to global changes, reported Bangkok Post. -- 2024-11-26 -
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Yemeni Mercenaries Fighting for Russia's War Machine in Ukraine
Another ' red line ' crossed by Putin and a further escalation yet nobody cares or comments but if South Korea contemplates sending weapons to Ukraine Putin has a hissy fit. https://www.bbc.com/news/articles/c1ee8x221lno The Russian leader was speaking in Vietnam, shortly after a lavish visit to Pyongyang where he signed a mutual defence agreement with North Korean leader Kim Jong Un. Two cockroaches chumming up. No surprise there. -
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Thailand's Expats Urged to Register with TRD for Tax, Says Expert
I will be paying tax exactly the same as I did in previous years. My wife can declare me her dependant, so she gets some refund. I don't make money in Thailand.- 1
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K bank E-mail with Tax Forms attached ?
I received the same email. No bank account number, and the forms look exactly like U.S. IRS ones. (I am not even American.) - No such emails from the three other banks where I have accounts, even though the deadline is '20th December'. - Can't enquire at the bank, as I'm not currently in Thailand. No foreign transfers go over this account, so probably best to ignore it. -
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Thailand's Expats Urged to Register with TRD for Tax, Says Expert
Discussing taxes online is not what that law is for. It's to prevent foreigners from setting up businesses with them operating as tax advisors.- 1
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Oh look! Jack Smith has filed a motion to drop charges against Pres. Elect Donald Trump!
Since all the crap thrown at President Trump didn't stop him from getting elected, guess they figured no sense in wasting their money, tax dollars, clogging up the dockets, only to inevitably have him win on appeals anyway.
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